Why FPGROUP spike high today? BreakOut DownTrendLine (BODTL)!
First of all, congrats to the followers of our Notion analysis done on Thursday which hit the pre-determined targeted price of RM0.950 on Friday. How did we catch FPGROUP before the majority at RM0.505 today? FPGROUP had made a successful BreakOut DownTrendLine (BODTL) when it broke RM0.505, which was the first signal triggered with increasing volume. Furthermore, when FPGROUP broke previous high at RM0.510, indicating a strong momentum was continued to be generated! It's hit our first target RM0.525 for today. We are looking forward for a targeted price of RM0.555 in the very near term.
Note
In one day time, our target RM0.555 reached! As mentioned earlier, "Buy On Breakout Strategy" last Friday, at RM0.505. Again, in one day time, generated a total return of 9.87%! This is the power of Technical Analysis.
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